Hilco Industrial announces sale of Dow Solar assets

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The auction featured the sale of PV shingle manufacturing equipment. Image: Dow Solar

Hilco Industrial, a subsidiary of Hilco Global, announced the successful sale of assets for Dow Solar, a unit of Dow Chemical.

The HilcoBid auction, which ended on November 8, was held in partnership with Aaron Equipment and Perry Videx, LLC.

The auction featured the sale of PV shingle manufacturing equipment, including plastic injection molding machines, solar cell welding systems, glass washers, sun stimulators, laminators and more.

Back in June 2016, Dow Chemical announced a restructuring plan that ushered in the closing of the company’s BIPV module production plants in Midland, Michigan and Milpitas, California.

Dow’s restructuring measures are expected to lead to around 2,500 job losses globally.

Read Next

October 4, 2017
US-based PV installer RGS Energy has struck an exclusive deal with Dow Chemical to exclusively sell its third generation (3.0) solar shingles under the ‘POWERHOUSE’ brand said to use conventional crystalline silicon solar cells rather than the original CIGS (Copper, Indium, Gallium, Selenide) thin-film substrates.
October 4, 2016
Dow Chemical’s polyolefin elastomer (POE) technology used for critical PV module encapsulation applications under its ‘ENGAGE’ POE brand are designed to provide improved electrical performance and moisture resistance.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021